Bitcoin surged above $86,000 and briefly reached $87,100 on October 2, driven by renewed inflows into U.S. spot Bitcoin ETFs and the forced liquidation of over $120 million in short positions. This price jump was supported by expectations of a Federal Reserve pause on interest rate hikes, which favored risk assets including Bitcoin. However, the price later retreated to around $85,400, showing that the early October rally is not yet guaranteed to continue. The future strength of Bitcoin's price depends largely on sustained ETF inflows and spot market buying, as well as broader macroeconomic factors like U.S. employment data and bond yields.
Bitcoin’s early October price surge provides context for cryptocurrency market activity on Pluang. For readers following crypto, here is Pluang's market snapshot as of Oct 03, 2026 00:31 WIB: out of 50 major cryptocurrencies, 25 rose and 24 fell today. Notable gainers include Basic Attention Token (BAT) up 8.45% at Rp1.730 and Aave (AAVE) up 8.21% at Rp3.263.620.
NextEra Energy and partners are developing Project Star, a $22.3 billion natural gas-powered energy campus in Encinal, Texas, aimed at powering a large data center and supplying the grid. The campus will have 6.47 gigawatts of generation capacity, wi...
UBS has increased its price target for G-III Apparel Group to $27.00 from $26.00, reflecting confidence in the company's financial health and market position. Although the current share price slightly exceeds UBS's target, other analysts see potentia...
Enerflex secured a contract to build about 450 megawatts of natural gas-fired power units for a North American data center developer, with deliveries starting in 2027 and completing in 2028. The company’s 2026 capital spending includes $15 million fo...
UBS lowered its price target for McCormick from $52 to $48 following the company's Q3 fiscal 2026 results. Although McCormick beat expectations and confirmed its full-year outlook, its net income fell sharply to $97.6 million from $225.5 million year...
TransUnion has announced that its VantageScore 4.0 mortgage scores will be priced at $0.99 each until December 2028, providing stable and predictable costs for lenders. This pricing strategy follows the Federal Housing Finance Agency's decision to ex...
